Magnera corp director Samantha Marnick acquires $49,510 in stock

Published 05/06/2025, 17:12
Magnera corp director Samantha Marnick acquires $49,510 in stock

Magnera Corp (NASDAQ:MAGN) Director Samantha Marnick recently acquired 4,000 shares of the company’s common stock, according to a filing with the Securities and Exchange Commission. The timing is notable as the stock has declined over 35% in the past six months, according to InvestingPro data. The shares were purchased at an average price of $12.3777 per share, resulting in a total transaction value of $49,510. Following this acquisition, Marnick holds 4,000 shares directly. This transaction was documented on June 5, 2025, and highlights Marnick’s continued investment in the company. While the company currently maintains strong liquidity with a current ratio of 2.4, InvestingPro analysis indicates the stock is slightly overvalued at current levels. InvestingPro subscribers have access to 10 additional key insights about MAGN, along with comprehensive financial health metrics and detailed valuation analysis.

In other recent news, Magnera Corp reported disappointing financial results for the second quarter of fiscal year 2025. The company missed both earnings per share (EPS) and revenue forecasts, with an EPS of -1.15 compared to the projected 0.05, and revenue of $824 million falling short of the expected $878 million. This performance reflects broader industry challenges and led to a significant stock price drop. Despite these setbacks, Magnera’s liquidity improved by 14% since December, indicating some financial resilience. The company has also revised its FY2025 Adjusted EBITDA guidance to a range of $360-$380 million, reflecting a more conservative outlook. Analysts from firms like Wells Fargo (NYSE:WFC) and Bank of America have expressed concerns about potential impacts from energy costs and tariffs, particularly in Europe. Magnera continues to focus on innovation with new product launches, even as it navigates ongoing market uncertainties.

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